Wednesday, February 25, 2026
Freedom Online
  • Home
  • News
    • Foreign
    • Crime
  • Business
  • Politics
  • Health
  • Entertainment
  • Interview
  • Sports
  • Ad Rates
No Result
View All Result
Freedom Online
  • Home
  • News
    • Foreign
    • Crime
  • Business
  • Politics
  • Health
  • Entertainment
  • Interview
  • Sports
  • Ad Rates
No Result
View All Result
Freedom Online
No Result
View All Result

N12.5bn indebtedness: Arik owes us not FAAN, says Bi-Courtney

Ola Simeon by Ola Simeon
May 1, 2016
in Business, News
0
Bi-Courtney to instal passengers’ self-check-in facility at MMA2 terminal
1.6k
VIEWS
Share on FacebookShare on TwitterShare on Whatsapp

Bi-Courtney Aviation Services Ltd (BASL), operator of the Murtala Muhammed Airport Two (MMA2), Lagos, on Sunday claimed that Arik Air was not indebted to the Federal Airports Authority of Nigeria (FAAN), but to BASL.
Bi-Courtney made the claim in a statement by its Chief Operations Officer, Ms Adebisi Awoniyi, in Lagos.
Arik Air operations at the General Aviation Terminal (GAT) were disrupted on April 20 by aviation unions and some FAAN workers, over its alleged N12.5 billion indebtedness to the agency.
However, the statement claimed that the alleged N12.5 billion debt was part of Bi-Courtney’s legitimate revenue that FAAN had continued to appropriate, despite several legal pronouncements.

It said: “We want the public, particularly relevant stakeholders, to note that the country’s law recognises Bi-Courtney as the genuine owner of GAT.

“This thus makes FAAN’s continuous operation of the terminal illegal and a clear violation of the laws of the Federal Republic of Nigeria. FAAN, however, continues to defy the laws of the land.

“It has openly and recklessly denied our company 60 per cent of its revenue by its continuous illegal operation of the GAT as a competing terminal to MMA2, even after an Arbitration Panel, a Court of Law and an Appeal Court had ruled in our favour.”

The statement said consequently, all revenues being collected by FAAN at the GAT, including the contentious N12.5 billion, belonged to Bi-Courtney.

It said: “The implication of this is that both FAAN and Arik Air are indeed fighting over monies that lawfully belong to Bi-Courtney.

“We also wish to categorically confirm that all the airlines operating at the GAT are actively involved in FAAN’s act of illegality, because they are all aware of the position of the law in respect of the ownership of the terminal.”

According to the statement, particular judgments confirming the owner of GAT as Bi-Courtney include the 2009 ruling of Justice J. Chikere of the Abuja Federal High Court in Suit No. FHC/ABJ/CJ/50/2009.

It said the same judgement was reaffirmed in a ruling on February 13, 2013 by Justice A.R. Mohammed of the same court, in a suit filed by FAAN and the Ministry of Aviation, asking the court to declare that they were not bound by the ruling of Chikere.

The statement said Mohammed, in his ruling, had stated categorically that by suing the Attorney-General of the Federation, Bi-Courtney’s suit was binding on all agencies of the Federal Government.

Tags: arikbicourtneyfaan
Share25Tweet16Send
Previous Post

Minimum Wage: Labour urges FG to set up tripartite committee

Next Post

FG restates commitment to exploration of oil and gas in Chad Basin

Related Posts

Dangote Refinery plans capacity expansion to 1.4m bpd
Breaking News

Dangote Refinery to supply 65m litres of petrol daily, exports 20m litres surplus

February 24, 2026
Edo 2024: I’m in guber race to win – Ex-NBA president
Breaking News

Olumide Akpata leaves Labour Party for ADC

February 24, 2026
Alleged anti-party activities: Leave PDP immediately, Bode George tells Atiku, Wike
Breaking News

Bode George to Tinubu, INEC, Wike: Nigeria bigger than you

February 24, 2026
Next Post
Equipment failure caused spills from Agip’s oilfields in Bayelsa

FG restates commitment to exploration of oil and gas in Chad Basin

Court of Appeal adjourns judgement on Saraki’s appeal indefinitely

Saraki’s trial: Reactions to questionable intrigues, by Sulyman Kayode Maja

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

https://freedomonline.com.ng/wp-content/uploads/2025/01/5aeac180-db4e-4e7c-bd37-07ddbf15b053.mp4

Popular Stories

  • Yahaya Bello sacks Commissioner, appoints 16  aides

    Finance Minister fired

    68 shares
    Share 27 Tweet 17
  • Trump considers regime change, limited strike on Iran to press nuclear deal

    67 shares
    Share 27 Tweet 17
  • Police chief dies in auto crash

    67 shares
    Share 27 Tweet 17
  • ADC: Presidency plots to arrest Amaechi

    67 shares
    Share 27 Tweet 17
  • Kalu, Chinese billionaire visit Dangote Refinery

    67 shares
    Share 27 Tweet 17
  • NDLEA arrests Trans Fortress Global Resources CEO for alleged illicit drug business

    66 shares
    Share 26 Tweet 17

Latest Stories

Dangote Refinery plans capacity expansion to 1.4m bpd

Dangote Refinery to supply 65m litres of petrol daily, exports 20m litres surplus

February 24, 2026
Edo 2024: I’m in guber race to win – Ex-NBA president

Olumide Akpata leaves Labour Party for ADC

February 24, 2026
Alleged anti-party activities: Leave PDP immediately, Bode George tells Atiku, Wike

Bode George to Tinubu, INEC, Wike: Nigeria bigger than you

February 24, 2026
El-Rufai: Protesters storm EFCC headquarters

Why we’re yet to arraign El-Rufai – EFCC

February 24, 2026
How Peter Obi escaped assassins’ bullets in Edo

How Peter Obi escaped assassins’ bullets in Edo

February 24, 2026
Alt="Court"

Court grants FG’s request to prosecute suspects linked to Bello Turji in absentia

February 24, 2026
Abia Airport: Govt. confirms final compensation to landowners, farmers

Abia Airport: Govt. confirms final compensation to landowners, farmers

February 24, 2026
Freedom Online

© 2026 Published by SWAAYA LIMITED, Plot 20, Block G, Scheme 1, Residential 3, OPIC Beachland Estate, Lagos/Ibadan Expressway, Lagos. Gabriel Akinadewo, MD/CEO 08023010222, 08094000056, 08052097814.

Navigate Site

  • Home
  • News
  • Business
  • Politics
  • Health
  • Entertainment
  • Interview
  • Sports
  • Ad Rates

Follow Us

No Result
View All Result
  • #13921 (no title)
  • Advert Rates
  • APC ad
  • Archive Sitemap
  • Contact
  • Contact Us
  • Documents
  • Full Width
  • Homepage
  • Ogun State
  • Ogun State banner ad
  • P-A
  • P-A2
  • Privacy policy
  • Sample Page
  • Sample Page
  • Submit an article
  • Welcome

© 2026 Published by SWAAYA LIMITED, Plot 20, Block G, Scheme 1, Residential 3, OPIC Beachland Estate, Lagos/Ibadan Expressway, Lagos. Gabriel Akinadewo, MD/CEO 08023010222, 08094000056, 08052097814.